Global-E Online Ltd.

General Information
Business:

Global-e’s mission is to make global e-commerce “border-agnostic” – Go global. Be local. We have built the world’s leading platform to enable and accelerate global, direct-to-consumer (“D2C”) cross-border e-commerce. (Global-E Online Ltd. is incorporated in Israel.)

Our platform was purpose-built for international shoppers to buy seamlessly online and for merchants to sell from, and to, anywhere in the world – in short, to “go global.” At the same time, to “be local” reflects the localization of the shopper’s experience and our effort to make international transactions as seamless as domestic ones. We have more than 440 merchants on our platform.

We increase the conversion of international traffic into sales by removing much of the complexity associated with international e-commerce. Our platform provides a mission-critical integrated solution that creates a localized and frictionless shopper experience and is simple to manage, flexible to adjust and smart in its local market insights and best practices. The vast capabilities of our end-to-end platform include interaction with shoppers in their native languages, market-adjusted pricing, payment options tailored to local market preferences, compliance with local consumer regulations and requirements such as customs duties and taxes, shipping services, after-sales support and returns management. These elements are unified under the Global-e platform to enhance the shopper experience and enable merchants to capture the cross-border opportunity.

We support local messaging in over 25 languages, purchases in more than 100 currencies by over 150 payment methods and a multitude of competitively priced shipping options. Shoppers enjoy a fully guaranteed landed price quote, which includes shipping costs, import duties and tax charges, as well as post-sale services, including multi-lingual customer service and a managed returns service. The enhanced shopper experience we enable typically results in improved sales conversion of merchants’ international traffic, thereby increasing their cross-border revenues. We have seen merchants experience significant uplift (often exceeding 60%) in international traffic conversion after beginning to use our platform.

Industry: SERVICES - PREPACKAGED SOFTWARE
Employees: 289
Founded: 2013
Contact Information
Address 25 Basel Street, Petah Tikva 4951038, Israel
Phone Number +972-73-2605078
Web Address http://www.global-e.com/
View Prospectus: Global-E Online Ltd.
Financial Information
Market Cap $3413.76mil
Revenues $136.38 mil (last 12 months)
Net Income $3.91 mil (last 12 months)
IPO Profile
Symbol GLBE
Exchange NASDAQ
Shares (millions): 15.0
Price range $23.00 - $25.00
Est. $ Volume $360.0 mil
Manager / Joint Managers Goldman Sachs/ Morgan Stanley/ Jefferies/ Piper Sandler/ JMP Securities/ KeyBanc Capital Markets/ Raymond James
CO-Managers -
Expected To Trade: 5/12/2021
Day: Wednesday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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